Iceland vs Switzerland: Median income per year (after tax)
Iceland
44,381 international-$ in 2021 prices
in 2017
Switzerland
42,731 international-$ in 2021 prices
in 2022
Iceland rank
4th
Switzerland rank
5th
Median income per year (after tax) over time
- Iceland
- Switzerland
How they compare
Iceland currently reports 44,381 international-$ in 2021 prices against 42,731 international-$ in 2021 prices in Switzerland, a difference of 1,650 international-$ in 2021 prices.
The two have swapped places 3 times across 15 shared years of data; in 2003 it was Switzerland ahead.
Iceland ranks 4th and Switzerland ranks 5th of 47 countries.
Switzerland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 37,714 international-$ in 2021 prices | 40,136 international-$ in 2021 prices | 2,422 international-$ in 2021 prices | Switzerland |
| 2010s | 37,092 international-$ in 2021 prices | 42,924 international-$ in 2021 prices | 5,832 international-$ in 2021 prices | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median income per year (after tax), Iceland or Switzerland?
- Iceland, at 44,381 international-$ in 2021 prices against 42,731 international-$ in 2021 prices in Switzerland as of 2017.
- What is the difference in median income per year (after tax) between Iceland and Switzerland?
- 1,650 international-$ in 2021 prices, with Iceland ahead.
- How many years of comparable data are there for Iceland and Switzerland?
- 15 years are reported by both, from 2003 to 2017.
- How do Iceland and Switzerland rank globally for median income per year (after tax)?
- Iceland ranks 4th and Switzerland ranks 5th of 47 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) β with minor processing by Our World in Data, published as Median income per year (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value of income per year below which 50% of the population live.